7333 7333 Lockwood St, Oakland, California 94621, Oakland, 94621 - 0 bed, 0 bath
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Oakland, California 94621
This Spacious Multi-Unit Duplex represents a High-Potential Investment Opportunity, listed at $449,888—positioned well below the $505,156 Fair Market Value by 10%. This valuation gap provides $55,268 in Instant Equity for the incoming buyer. The property maintains a Move-in Ready Condition Rating, featuring a Newer 2020 Roof, Remodeled Granite Kitchens, and a Converted Third Unit for maximized rental yield. Located near BART and major freeways, it offers strong commuter appeal and immediate cash-flow potential. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a strategic house-hack.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7333 7333 Lockwood St Subject | $449,888* List Price | 0 | 0 | 1,411 | $358 | - |
A 1163 1163 83rd Ave Sold | $560,000 | 0 | 0 | 1,470 | $381 | 0.6 mi |
B 7425 Weld Street Sold | $560,000 | 0 | 0 | 0 | 0.1 mi | |
C 7341 Lockwood St Active | $399,999 List Price | 0 | 0 | 1,414 | $283 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features significant capital improvements, including a newer roof installed in 2020 and remodeled kitchens and bathrooms with granite countertops. The presence of double-pane vinyl windows, oak cabinets, and tile flooring indicates the property has been well-maintained and updated within the last 5 to 15 years. While the aesthetic style (oak cabinets and specific tile) is not brand new, the major systems and interior finishes are functional and in good condition with no immediate renovation required.
The property is configured as a duplex with a detached garage converted into a third unit, providing excellent opportunities for high rental yield or multi-generational living.
Significant upgrades including a newer roof (2020), remodeled kitchens with granite countertops, and double-pane vinyl windows reduce immediate maintenance requirements and enhance tenant appeal.
Ideally situated with close proximity to BART and major freeways (880, 580, and 13), the property offers a highly convenient location for Bay Area commuters.
The third unit is a converted garage, which may pose challenges regarding legal permitting and zoning compliance, potentially impacting financing and future resale value.
With only 1,411 total square feet distributed across multiple units, the individual living spaces are relatively small, and the loss of the garage limits covered parking and storage options.
INVESTMENT OPPORTUNITY OR BIG FAMILY - Spacious Duplex with separate gas & electric meters. Newer roof 2020. Kitchens and baths remodeled with granite counter tops. Double pane vinyl windows, tile floors, oak cabinets. Detached garage converted 3rd unit. Walking distance to schools, shopping center, etc. Close to BART station, freeways 880, 580 and 13. Location!! Location!!! MUST SEE Opportunity!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 1,411 | 2,027.5 | 20% |
| Lot Size | 5,000 | 5,466.5 | 30% |
| Price | $449.9K | $541.0K | 30% |
| Price per sq ft | $319 | $237 | 80% |
| Built year | 0 | 1920 | 10% |
| HOA | $0 | $0 | 50% |
| Days on market | 58 | 155 | 20% |
Feb 23, 2026
$449,888
Initial Listing
Feb 8, 2021
$390,000
Public Record
Oct 15, 2010
$78,000
Public Record
Nov 2, 1994
$79,000
Public Record